End year analytics: price index for rental apartments and villas in Deira

End year analytics: price index for rental apartments and villas in Deira

Deira has been and remains one of the most attractive to visitors in Dubai, as it is a mixture of the nobility of the past and the luxury of the present. In addition, this area is good in terms of public transport and commercial centres such as Deira City Center and many other distinctive facilities.

Al Rigga is one of the most popular residential areas for those looking for apartments in Deira. The search rate for “apartments for rent” in Al Rigga reached 31.80% due to the respective rental rates. The average rent for a studio in Al Rigga is AED 31,000 per year, for a one-room apartment- 39,000 per year. Renting a two-room apartment in Al Rigga is 60,000 dirhams per year while renting a three-room apartment will cost 82,000 dirhams per year.

Al Muteena includes many shops that have played an essential role in Deira’s popularity and prominence and recreational areas and parks that occupy most of the area. Thus, the search rate for “apartments for rent” in Al Muteena reached 20.48%. The rental price for the studio is 25,000 AED per year, while the average rent for a 1-bedroom apartment has reached AED 40,000 per year. The rent for a 2-room apartment is AED 60,000 per year, and the average annual rent for a 3-room apartment is AED 84,000.

Naif is located in the heart of Deira. The search rate for “apartments for rent” in Naif was 17.68%. The average annual rent for one-bedroom apartments in Naif reached AED 25,000, while the average rent for a one-bedroom apartment in Naif reached AED 42,000 per year.

Al Muraqqabat is considered one of the best areas to rent apartments in Deira, as it includes many commercial properties. The search rate for “apartments for rent” in Al Muraqqabat has reached 17.30%, and the average rent for studio apartments in Al Muraqqabat is around AED 26,000 per year. The average annual rent for a 2-bedroom apartment is AED 60,000, and the average annual rental for a 3-bedroom apartment in Al Muraqqabat is around AED 85,000.

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